AMD short to $101

My energy has been wacky lately, but I do think AMD is heading to $101 soon. Don't see much upside energy atm.

Bình luận:

I definitely learned something about getting targets from this. I've had it in the past a couple times where my pendulum starts veering off away from what I'm expecting, and I override it. This is wrong as I feel there's guidance of some sort in almost everything it gives me.

In this case, it was moving up to the $112 zone and I was like, "whoa now, you were telling me down! Get back down there to the lower target!"
And then you have a day like Friday (day after this post) & it goes up 3.5%. So, I promise to be more open minded to all potentials as markets seldom just go one direction that easily. I'm not looking to take heat in stuff that much though.
Point is, be aware this might be going up to $112-113. I still have a bit higher target in QQQ, and a strong date for Tuesday. Will look for reversals then.

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Almost made it to $112. I ask what's most important to know & get "reverse down".
I'm not so sure this thing really breaks down though. I have NVDA going down I would think AMD would follow...
Regardless, on AMD it might only go as low as $107. My pendulum really sticks there & then shoots up to $111 & beyond. So, that might be a bigly kinda low. I'll update, but this idea to $101 seems lower odds now & I don't like being short after it gets to $107-08, assuming it will.

Bình luận:

I think I needed to clear my energy, so now it seems AMD will head back down to around $100. A big thing I'm getting is to pay attention to the date of 9/17, but it's a Sunday. So, revised I get the 15th, a Friday. We'll see. Perhaps there will be a stall at $107 to be aware of.